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Monday, October 2, 2023

Region 9 receives additional loan funds through Community Development Block Grant

By Terry Blair-Burton
Special to The SUN

The Region 9 Economic Development District of Southwest Colorado Inc. will receive $580,000 of additional loan funds through a Community Development Block Grant (CDBG) contract between the Colorado Office of Economic Development and International Trade and La Plata County on behalf of the five counties in southwest Colorado.

The CDBG is one of several sources of funding for the Region 9 Business Loan Fund (BLF) program that provides “gap” financing to support job creation and retention in La Plata, Archuleta, Montezuma, Dolores and San Juan counties.

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